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Home » Budget » State budgets » 2019-21 Governor's proposed budgets » Agency detail budgets » Department of Retirement Systems

Department of Retirement Systems

RCW 41.50

The Department of Retirement Systems administers retirement benefits for public employees throughout Washington. This includes teachers, classified public school employees, law enforcement officers, firefighters, judges, and others who work for the state and participating cities, counties, and political subdivisions. The department also manages the Deferred Compensation program, which allows public employees to defer a portion of their earnings until retirement or termination of employment.

Agency Mission

We provide information, tools, expertise, and services that ensure our members receive the retirement benefits they earn while in public service.
Request 81,381,000
Net change from current biennium 11,835,000 Increase
Percent change from current biennium 17.0% Increase

Operating Budget: Summary

Appropriated Funds

2017-19 Appropriations Appropriated Funds Expenditures
Amount Estimated Balance   2015-17 Actual 2017-19 Estimated 2019-21 Proposed
57,902,000 Dept of Retirement Systems Expense - State 56,376,579 57,902,000 68,906,000
57,902,000 Total Appropriated Funds 56,376,579 57,902,000 68,906,000

Non-Appropriated Funds

2017-19 Non-Appropriated Funds Expenditures
Amount Balance Non-Apropriated Funds 2015-17 Actual 2017-19 Estimated 2019-21 Proposed
(6,912,000) Dept of Retirement Systems Expense - Nonappropriated 5,153,946 6,912,000 6,912,000
WA State Patrol - Plan 1 - Nonappropriated 110,967,766
Judges' Retirement Account - Nonappropriated 841,712
WSP Retirement System Plan 2 Acct - Nonappropriated 125,940
Public Employees' Retire Plan I - Nonappropriated 2,402,957,961
Teachers' Retirement Plan I Account - Nonappropriated 1,837,974,652
School Employee Combined Plan 2 & 3 - Nonappropriated 426,788,871
Public Safety Employees' Plan 2 - Nonappropriated 7,069,200
Public Employees' Comb Plan 2 & 3 - Nonappropriated 1,949,097,698
Teachers' Combined Plan II & III - Nonappropriated 1,085,650,276
Deferred Compensation Principal - Nonappropriated 457,200,567
Judicial Retirement Principal Acct - Nonappropriated 2,919,904
L.E.O.F.F. Retirement Plan I Acct - Nonappropriated 721,060,475
L.E.O.F.F. Retirement Plan II Acct - Nonappropriated 418,960,083
(313,000) OASI Revolving Account - Nonappropriated 288,558 313,000 336,000
Washington Judicial Retirement Acct - Nonappropriated 17,853,891
(4,419,000) Deferred Compensation Admin Account - Nonappropriated 4,146,964 4,419,000 5,227,000
(11,644,000) Total Non-Appropriated Funds 9,449,058,463 11,644,000 12,475,000

Operating Budget: Program Summary

Program Title Actual Estimated Proposed
Actual Estimated Estimated Proposed Proposed
Annual Total 35,030,861 32,959,503 14,549,390 40,456,000 40,925,000

Operating Budget: Change from Preceding Biennium

Actual Estimated Proposed
Amount Percent Amount Percent Amount Percent
12,020,869 22.3% (18,457,154) (28.0%) 33,872,107 71.3%

Employment Summary

  Actual Estimated Proposed
  2016-17 Actual 2017-18 Estimated 2018-19 Estimated 2019-20 Proposed 2020-21 Proposed
FTE Staff Years 235.6 237.1 240.3 273.2 274.9